SINGAPORE (Apr 30): Fraser and Neave (F&N) says 2Q19 earnings more than doubled to $35.9 million from $15 million a year ago.
This brings 1H19 earnings to $73.8 million, 81% higher than $40.8 million in 1H18.
Revenue for the quarter grew by 3.4% to $467.4 million from $452.1 million a year ago, mainly due to higher contributions from dairies operations, particularly from the group’s associated company in Vietnam, Vinamilk.
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